The Electricity Regulatory Commission has given final approval to Liberty Energy Company Limited (LEC) to issue 1 right share for every 2 existing shares held by its shareholders. In its 11th, 12th, and 13th AGM held on 25th Baisakh, the company agreed to provide its shareholders with 50% right shares. The total value of these shares is Rs. 75 Crores, and this issuance will increase the company’s paid-up capital from Rs. 1.50 Arba to Rs. 2.25 Arba.
Highlights:
- Arun Valley Hydropower Development Company (AHPC) Receives Final Approval for 1:1 Right Share Issuance
- BNHC Gets Approval for 1:1 Right Share Issue
- Barun Hydropower Company Proposes 100% Right Shares; Approval Pending from ERC
- Barahi Hydropower Receives Final Approval for 1:1 Right Share Issuance to Fund Key Projects
- “Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated”